Garment business enjoying necessary function in social change: Nanak – 2024-05-15 16:27:24

by times news cr

2024-05-15 16:27:24

Jahangir Kabir Nanak, Minister of Textiles and Jute and member of the presidium of Bangladesh Awami League, mentioned that we see the garment business not solely as the most important sector for incomes international alternate, but in addition has an necessary function in social change. This sector can be enjoying a key function in poverty alleviation. About 42 lakh staff have been employed on this sector.

He additionally mentioned that many of the staff concerned within the garment business are ladies. The welfare of this business has empowered ladies. Ladies have realized to dream. So we’ve to offer precedence to that business.

He mentioned this stuff throughout a courtesy assembly with the representatives of Bangladesh Garment Producers and Exporters Affiliation (BGMEA) within the assembly room of Ministry of Textiles and Jute on the Secretariat on Monday (Might 13). Right now, the secretary of the Ministry of Textiles and Jute. Abdur Rauf, Director Common of Textile Directorate. The delegation led by Nuruzzaman and newly elected president of BGMEA SM Mannan Kochi was accompanied by vice-presidents and administrators.

In view of complaints that Nationwide Board of Income (NBR) and Customs aren’t getting correct cooperation, Textiles and Jute Minister Jahangir Kabir Nanak mentioned that comparable complaints have additionally been acquired from different locations. The issues that NBR and Customs have are large issues. I’ll focus on the problems within the subsequent cupboard assembly.

The textile minister mentioned, we’ve recognized varied issues within the garment sector by means of dialogue. We are going to discover out the options.

In view of the calls for of BGMEA, he mentioned, “I’ll attempt to make this coverage versatile, no business could be allowed outdoors with out absolutely making ready the financial zone.” You’ve demanded to maintain the money help until 2026. If we need to attain our goal and survive within the world market, this difficulty of money help should be there.

BGMEA president SM Mannan Kochi mentioned, “On the time of the Rana Plaza accident, we had exported solely $23 billion. Solely eight had been inexperienced factories. With the assist of the Prime Minister and the federal government, at this time we’ve reached this stage and managed to export 47 billion {dollars}. 215 inexperienced factories at this time. One other 300 inexperienced factories are on the way in which. In different phrases, the world’s most inexperienced factories are in Bangladesh at this time. Bangladesh stands by itself toes at this time.

Right now, the president of BGMEA demanded to keep up the money assist for garment export until 2026. Moreover, he demanded to cut back the supply tax from 1 % to 50 %.

He mentioned, Bangladesh Financial institution has issued a round, business can’t be carried out outdoors the financial zone. Of the 100 financial zones, solely three have been operationalized. Directing that no business could be carried out with out opening an financial zone will cease funding. The financial system will endure. Subsequently, I demand to withdraw this round.

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